Bank commissions go up: extracting money from an ATM could cost up to $5,000

In the case of ATMs, the long-term goal is to significantly increase coverage nationwide, but it could cause a serious headache if the gigantic cost of this, running into tens of billions, is reflected in bank account fees... ...

The entities have already communicated the updated values that will begin to govern from May 1. Banks operating in the country will increase from May 1st the costs of commissions that charge their customers and extract money from an ATM could come out up to $5,000. Banks began to report ... New blow to the pocket: banks increase commissions and take money from the ATM will be more expensive Read more »

As usually happens, the employees are the main affected. Banks will increase the commissions again from May 1, 2025. According to Central Bank regulations, they must report these changes 60 days in advance. Thus, withdrawing cash from ATMs from another network will cost up to $5,000 in some entities. ...

The increase in bank fees, which include ATM withdrawal costs, will be a central issue starting next May. Despite expectations of lower inflation, banks have decided to adjust fees for various services, with an emphasis on transactions made outside their own networks. One of the first to announce these increases was Banco Provincia, which notified its customers at the end of March of the new fees that will take effect starting May 1. Among the m…

Banks operating in the country will increase from May 1st the costs of the commissions they charge to extract money from an ATM, which could reach up to 5,000 pesos.Banking institutions began to report the new securities to their users from the end of February, in compliance with the regulations of the Central Bank where it is stipulated that changes in the prices of the commissions must be notified at least 60 days in advance.Banks do not charg…

As of May 1, the banks operating in the country will increase the commissions they apply to their clients for the extraction of money from ATMs. From this increase, they could reach significant figures, reaching up to $5,000 per operation. The new values that will enter into force were informed to the users of the banking institutions last February, with the aim of complying with the regulation of the Central Bank to give notice 60 days in advan…